WEIGHTED AVERAGE SHARES OUTSTANDING

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

WEIGHTED AVERAGE SHARES OUTSTANDING

NOTE 7 – WEIGHTED AVERAGE SHARES OUTSTANDING

Earnings per share have been computed based on the following weighted average number of common shares outstanding:

	Three Months Ended June 30,		Six Months Ended June 30,
(share data in thousands)	2022	2021	2022	2021
Average common shares outstanding	69,136	69,497	69,246	69,448
Common share equivalents:
Stock options	16	64	24	74
Nonvested restricted share grants	46	151	97	153
Performance stock units	118	80	118	90
Average common shares outstanding, assuming dilution	69,316	69,792	69,485	69,765

For the three months ended June 30, 2022, there were 33,536 anti-dilutive performance stock units excluded from the computation of earnings per share. There were no anti-dilutive securities excluded from the computation of earnings per share for the six months ended June 30, 2022 or for the three- and six-months ended June 30, 2021.